DETERMINANTS OF INCREASING EU FUNDS ABSORPTION CAPACITY IN ROMANIA

George Georgescu

Annales Universitatis Apulensis Series Oeconomica, 2008, vol. 2, issue 10, 16

Abstract: The study found that, during the early post-accession years, Romania failed to attract European funds, at least to the same extent to the national contribution at the community budget, registering a net expenditure as an EU member. The determinants of increasing EU funds absorption rate are related, among other, to the availability of internal resources for projects co-financing, adequate administrative capacity at central and local levels, appropriate inter-institutional coordination and public-private partnerships, high skills and motivation of human resources working in operational programs Management Authorities and intermediary bodies. Activating these determinants could be an opportunity for sustaining economic growth of Romania and recovering the development gap, which is supposed to alleviate also the adverse effects of international financial crisis on EU countries.

Keywords: economic development; EU integration; structural funds; determinants of absorption capacity; absorption rate; operational programs. (search for similar items in EconPapers)
JEL-codes: F15 F36 F43 O19 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
http://oeconomica.uab.ro/upload/lucrari/1020082/16.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:alu:journl:v:2:y:2008:i:10:p:16

Access Statistics for this article

More articles in Annales Universitatis Apulensis Series Oeconomica from Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia
Bibliographic data for series maintained by Dan-Constantin Danuletiu ().